Opalesque Industry Update - The Credit Suisse LAB Index was up 1.71% in February according to Dr. Jordan
Drachman, Head of Research for Alternative Beta Strategies at Credit Suisse.

Dr. Drachman noted, “The Credit Suisse Liquid Alternative Beta Index (“CSLAB”), which aims to reflect the
performance of the overall hedge fund industry, finished up 1.71% in February. Each of the five sectors posted
positive performance. Long/Short and Event Driven were the strongest performers for a second month, gaining
2.25% and 2.16% respectively. Meanwhile, Merger Arbitrage was the lowest performing strategy, up 0.13% for the
month.”

(press release)

About LAB Indices

The LAB series of indices seek to replicate the aggregate return profiles of hedge fund strategies using liquid,
tradable instruments. LAB indices are priced daily and constructed using an objective and transparent rules-based
methodology, making them ideal candidates for index-linked products...Full performance table and press release:Source